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Reservoir Engineering & Recovery Methods News

Swala Confirms Prospective Resources in Kilombero
Tanzania >> 12/11/2013 - Swala Energy Limited (Swala) is pleased to announce that RISC Operations Pty Ltd (RISC), an independent petroleum advisory firm, have completed their review of the resource potential of the Kito (‘Jew...
Latest Campaign Raises Tanzania Resources to 15 Tcf
Tanzania >> 12/10/2013 - BG Group announced an increase in total recoverable resources for the Mzia discovery and across Blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion of a successful drilling and testin...
Duma Receives Resource Estimate on Namibia Concession
Namibia >> 12/3/2013 - Duma Energy Corp announced that it has received an independent oil resource estimate for its oil and gas concession in the Owambo Basin, adjacent to the Angola border in northern Namibia. ...
Eco Receives PGS Study & Report for Cooper Block
Namibia >> 11/25/2013 - Eco (Atlantic) Oil & Gas Ltd is pleased to announce that it has received a Prospectivity Study Interpretation Report (the “Report”) for the Cooper Block (the “Block” or “Cooper”), offshore Namibia in ...
Afren Provides Ogo Drilling and Resources Update
Nigeria >> 11/19/2013 - Afren plc and Partners Optimum Petroleum Development Ltd and Lekoil Limited announce the suspension of current drilling operations at the Ogo prospect located on the OPL 310 licence offshore Nigeria a...
Franco Oil Field May Rival Libra in Size
Brazil >> 11/13/2013 - The Franco field off the coast of southeastern Brazil could have as much or more oil than the massive Libra field that the government last month sold in an auction to a group of energy companies, oil ...
Schlumberger Releases Wireless Downhole Reservoir Testing System
United States >> 10/31/2013 - Schlumberger announced the release of the Quartet downhole reservoir testing system enabled by Muzic wireless telemetry, which provides data in real time for validation so that critical information is...
Lebanon Says Gas, Oil Reserves May Be Higher Than Thought
Lebanon >> 10/27/2013 - Lebanese Energy Minister Gebran Bassil said new estimates for nearly half of Lebanese waters suggested the country's reserves of natural gas and oil might be larger than previously thought. ...
Brazil's OGX Says Field May Have Third of Expected Oil
Brazil >> 10/3/2013 - Brazil's OGX Petroleo e Gas Participaçoes SA said its Tubarao Martelo offshore oil field has 87.9 million barrels of "probable" oil and equivalent natural gas, less than a third of the total it called...
Congo's Lake Albert Oil Blocks May Hold 2 bln Barrels
Congo, Democratic Republic (Zaire) >> 9/18/2013 - Democratic Republic of Congo's eastern Lake Albert oil blocks could hold two billion barrels of oil reserves but any confirmed discovery will require major investments for further development, said th...
Shell and Baker Develop Reservoir Modelling Platform
United States >> 9/11/2013 - Shell and Baker Hughes announced a software license and joint development agreement to produce a high-end platform for geological and reservoir modelling. The new platform will bring enhanced evaluati...
Tendeka Stand at OE Causes a Stir
United States >> 9/9/2013 - Tendeka Stand at Offshore Europe had people wondering how it was built. Tendeka completion systems featured in the perspex tubes on the stand showcasing our sandface completions, reservoir monitoring ...
Tanzania Expects Fivefold Increase in Gas Reserves
Tanzania >> 8/21/2013 - Tanzania expects its gas resources to increase fivefold within the next two years if new finds in east Africa's second-biggest economy prove productive. "It is expected that Tanzania's natural gas res...
Eland Announces Reserves Report for OML 40
Nigeria >> 8/1/2013 - Eland Oil & Gas plc, an oil & gas development and exploration company operating in West Africa with a principal focus on Nigeria, is pleased to announce the results of a reserves and resources evaluat...
Argos Announced New CPR For Falklands Licence PL001
Falkland Islands >> 7/26/2013 - Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, is pleased to announce the publication of a new Competent Person's Report ("CPR") prepared ...
Iran The World’s Number One Gas Reserves Holder
Iran >> 6/15/2013 - The UK-based energy giant, BP, has slashed its global natural gas reserves and placed Iran at the top of the worlds gas-rich countries. ...
New AGR TRACS Evaluations Product Launched
Norway >> 5/14/2013 - Global oil and gas service company AGR announced the launch of a new product, AGR TRACS Evaluations, encompassing its acclaimed reserves and resource evaluation services. ...
Lebanon Has 30 Trillion Cubic Feet of Offshore Gas
Lebanon >> 5/10/2013 - Preliminary surveys of Lebanese offshore fields show reserves of 30 trillion cubic feet of natural gas and 660 million barrels of oil, Lebanon's energy minister said, adding that production could begi...
Brazil to Offer up to 40 Bln Barrels/Oil at Auction
Brazil >> 4/15/2013 - Brazil plans to offer as much as 40 billion barrels of oil in place in its first auction of subsalt production-sharing contracts in November, the country's oil regulator told reporters in Rio de Janei...
Schlumberger Launches New Downhole Reservoir Testing System
Schlumberger Launches New Downhole Reservoir Testing System United States >> 3/27/2013 - Schlumberger announced the launch of the Quartet-HT high-performance downhole reservoir testing system. This latest addition to the Schlumberger portfolio of reservoir characterization services delive...

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